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RSAC ISBISB 2013WinnerAcquired

Remotium

Endpoint Security

Secure mobile workspace delivering virtual applications to mobile devices.

Founded
2012
ISB Year
2013
Raised
$1M
Years to Exit
3 years
Year Acquired
2015

Funding & Investors

Total Funding

$1M

Rounds

Seed ($1M)

Key Investors
CyberAgent CapitalDNX Ventures

Outcome

Acquisition

Acquired by Avast Software in 2015; all 15 employees joined Avast.

Notes

Raised $1M within 30 days of winning. Very small funding — acqui-hire.

Lesson Learned

Mobile workspace virtualization was a valid approach but became a feature rather than a company. Lesson: acqui-hires can be a soft landing when the market picks simpler MDM/MAM approaches over elegant virtualization.